FT 'If you don’t get out in front of the crisis and put forth a plan right away, then you are going to spend the rest of your time responding' - US aviation union president on protecting members as pandemic tears through the industry.

• States are cutting jobs, revenue declines - prospect for fiscal aid fades.

 

 Trump is rejecting Pelosi's 2.4 T  dollars

• US media coverage of climate change - gradually  waking up. ( I remember a "scary" early 1970 Economist article - ahead of its time)

Loos like TD Ameritrade and Schwab are now one. 

To have accounts at separate firms is getting to be a full time job.

•  US Ag. Exports to China

•  U.S. private sector financial assets (without real estate) as % of GDP at the highest in 70 years (via DailyShot & BoA)

 

FT Exclusive: South Korea’s Samsung is under fire after its insurance units financed $14bn of ‘deplorable’ coal projects and investments over the past decade, according to data provided to the FT

•  Someone appears to want the  stuff.

So far in 2020, we've had apocalyptic fires in Australia, California, Siberia, Ukraine, South America’s Pantanal; The warmest Arctic in 3 million years; Hottest Antarctica temperature on record; An insect apocalypse; Deforestation galore and a global pandemic. It's 6 Oct.. Assaad Razzouk @AssaadRazzouk 

•   But then, after centuries of searching, we have found the fountain of youth…

 Wearing a mask appears to make  a positive difference in a number of ways, see US and Japan.

Real Estate (Zillow): The percentage of rental listings featuring concessions rose from 16.2% in February to 30.4% in July.

As U.S. coronavirus death toll hits 214,789, Trump tweets: "Don’t be afraid of Covid. Don’t let it dominate your life.  Feeling better than 20 years ago".

The IRS is reportedly investigating longtime National Rifle Association CEO Wayne LaPierre for possible criminal tax fraud related to his personal taxes.

A so-called blue wave this November led by Joe Biden, the Democratic presidential nominee, would lead to a surge in economic growth, according to Goldman Sachs' chief economist, Jan Hatzius.

• One in four voting-age Americans visited a fake news source in the run up to the 2016 election. 
• So, how many are visiting this year?  How reality itself became an election issue.

 Someone is counting the # of Trump Tweets recently  - Interesting

•  Germanies Welt has a very bleak outlook for Spain. They see the threat of a possible banking crisis.

•  There are 2.6 million unplugged onshore wells in the U.S., with another estimated 1.2 million that are undocumented and well on the way of becoming wards of the state. (Is this socialism? Asking for a friend)
  

• The FHA which insures about 8 million higher-risk mortgages reported a record of 17.4% in delinquencies in August. – YoY this is as double.